Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.069%
Price spread now: Binance against Coinbase International−0.213%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days+0.399%+$40 on $10k
+Price spread, last 3 days (all we have)+0.376%+$38 · spread now −0.213%, 7d avg +0.052%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.265% cheaper against Coinbase International than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.399%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SEI-PERP-INTX | 0.06015 | 0.0144 | pay 0.0018% / 1h | 8m 05s | $34K | $208K | 50x |
| Short | Binance SEIUSDT | 0.06002 | 0.0100 | get 0.0100% / 8h | 7h 08m | $14.4M | $128.1M | 75x |
Coinbase International SEI-PERP-INTX
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.24
- Price spread: −0.213% → +0.052%
- −$26.47
- Slippage, 4 orders
- −$47.78
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$103.48
- Costs to cover
- 0.678%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 65 min ago; Binance: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 65 min ago | 8.45 bp | 21.3 bp −$21 | 215.3 bp −$2,153 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.83 bp | 10.9 bp −$11 | 20.5 bp −$205 | 81.5 bp −$8,150 | doesn't fit |
SEI on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0815% / S +0.0444% | 1h | 0.06004 | −0.178% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0109% | 8h | 0.05975 | −0.673% | $320K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06004 | −0.187% | — | — | 150x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06009 | −0.100% | $273K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06004 | −0.183% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06005 | −0.168% | $3.5M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06008 | −0.112% | $314K | $336K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.06002 | −0.213% | $14.4M | $128.1M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05997 | −0.299% | $14.1M | $35.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06001 | −0.233% | $3.2M | $40.0M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06003 | −0.200% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06003 | −0.200% | $35.8M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06004 | −0.183% | $6.3M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06003 | −0.200% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05999 | −0.266% | — | $33.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06003 | −0.200% | $119K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05988 | −0.455% | $212K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05980 | −0.582% | $109K | $674K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06009 | −0.100% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06001 | −0.239% | $77K | $542K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0144% | 1h | 0.06015 | long leg | $34K | $208K | 50x | |
| Kraken Futures PF_SEIUSD | +0.0177% | 1h | 0.06006 | −0.146% | $372K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06011 | −0.067% | $731K | $1.3M | 75x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0250% | 1h | 0.06009 | −0.100% | $10K | $72K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06002 | −0.211% | $115 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.06010 | −0.083% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1019% | 1h | 0.06009 | −0.100% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Deribit SEI_USDC-PERPETUAL
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD